Archive for Tag: USD/CNY pair

U.S. Dollar Index

Dollar Down as Recession Fears Continue to Mount

NZDUSD is trading down 0.25% at 0.6270 The dollar was down on Thursday morning in Asia amid rising concerns of slowing economic growth after the U.S. Federal Reserve Chair’s hawkish testimony. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.07% to...

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U.S. Dollar Index

Dollar Up, Above 100-Mark Ahead of U.S. Inflation Data

DOLLAR INDEX is trading up 0.17% at 100.143 The dollar was up on Tuesday morning in Asia, climbing back above the 100 mark. The U.S. currency was supported by high yields ahead of inflation data due later in the day, which also heightened expectations of tighter monetary policy. The...

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